california democrats now hold a supermajority at the capital. phil matier joins us on how it could affect taxpayers. >> how about the market? it opened 10 minutes ago. tough going since the election. early numbers out of the gate not so good. we'll get an update from kcbs moneywatch reporter jason brooks coming up. ,, emotional moment for presidt obama. he was thanking >>> i'm really proud of all of you. and... -- [ applause ] >> a rare emotional moment for president obama. he was thanking his campaign staff in chicago yesterday when he got a little choked up. i mean, you can imagine, they spent so much time -- >> and it was supposed to be so close. to win four more years and his last election. >> now we turn to cbs 5 political insider phil matier who is with former mayor willie brown. >> mr. mayor, you're no stranger to elections. what's the it like the day after a big emotional win? >> you have a problem when now it's all over the last time you will be on the stage, et cetera, and now how difficult it was to win it this time. you know how the